Tata Group Dividend Comparison FY26: TCS, Tata Elxsi, Trent, Which Tata Stock Paid the Highest Amount? What 9 Firms Disbursed

The Tata Group dividend season in FY26 ended with a wide gap between the companies. A report on nine Tata Group firms said TCS led with Rs 110 per share, Tata Elxsi followed at Rs 75, Tata Communications paid Rs 17.50 and Tata Power paid Rs 2.50. The headline asks which Tata stock paid the highest amount, and the answer on amount is clear.

This guide compares the Tata Group dividend for FY26 company by company, breaks down how TCS reached Rs 110, explains why a high amount per share is not the same as a high return and lists the record dates and checks to run before you buy for the dividend. The report names nine firms but the sources I could verify cover twelve, so I list all twelve and mark where sources disagree.

Anyone who tracks the Tata Group dividend should treat the per share amount as a starting point, and read it together with the share price, the payout and the profit trend.

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Tata Group Dividend FY26: Company-wise Amount Per Share

Company	Dividend per share (Rs)	Record date	Note
TCS	110 (total for FY26)	Several, 16 Jul 2025 to 16 Jan 2026 for the interims and special	Interims, special and final combined
Tata Elxsi	75	10 Jun 2026	Final dividend
Tata Communications	17.50	19 Jun 2026	Final dividend
Tata Chemicals	11	9 Jun 2026	Final dividend
Trent	6	12 Jun 2026	A 1:2 bonus issue was reported with a record date of 4 Jun
Tata Steel	4	12 Jun 2026	Final dividend
Tata Motors	4	12 Jun 2026	One report gives Rs 3 for Tata Motors Passenger Vehicles, so verify which entity
Voltas	4	12 Jun 2026	Final dividend
Tata Investment Corporation	3.40	10 Jun 2026	Final dividend
Indian Hotels	3.25	23 Jun 2026	Final dividend
Tata Power	2.50	23 Jun 2026	Final dividend

Apart from TCS, the amounts are the final dividends reported in the sources, so an interim dividend paid earlier in the year by another company is not included. The Tata Group dividend ranking is therefore exact for TCS and indicative for the rest.

On amount alone, TCS's Tata Group dividend was about 1.47 times Tata Elxsi's (my calculation: 110 / 75) and 44 times Tata Power's (110 / 2.50).

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How TCS Reached Rs 110 per Share in FY26

Payout	Per share (Rs)	Record date
First interim	11	16 Jul 2025
Second interim	11	15 Oct 2025
Third interim	11	16 Jan 2026
Special dividend	46	16 Jan 2026
Final dividend	31	Fixed after the annual general meeting notice
Total	110

The special dividend of Rs 46 is a one-time part of the Tata Group dividend from TCS, so it should not be projected forward. Without it, the TCS dividend in FY26 would be Rs 64 per share (my calculation: 110 minus 46). The FY26 total of Rs 110 is also lower than the Rs 126 paid in FY25, a fall of about 12.7% (my calculation).

For FY27 TCS has already declared the first interim Tata Group dividend of Rs 12 per share with a record date of 15 July 2026. At a price of Rs 2,047.75 after the 9 July close, the FY26 total of Rs 110 gave a yield of 5.4%, which matches my calculation of about 5.4%.

Risk: A yield that includes a special dividend overstates what the Tata Group dividend from TCS may pay in a normal year. The base yield without the special payout is closer to 3.1% at the same price (my calculation: 64 / 2,047.75).

Why the Highest Tata Group Dividend Is Not the Highest Yield

In any Tata Group dividend list, dividend per share is a rupee amount, while the dividend yield is that amount divided by the share price. A Rs 75 payout on a stock priced at several thousand rupees yields less than a Rs 2.50 payout on a stock priced at a few hundred rupees can in some cases. One report puts the Tata Power yield at 0.59% and the Indian Hotels yield at 0.49%, both far below the industry average, and says Tata Power's free cash flow is negative.

Measure	What it tells you	Where it can mislead
Dividend per share	The cash you receive for each share	Ignores the price you paid
Dividend yield	Annual payout as a percentage of price	Rises when the price falls, and includes special payouts
Payout ratio	Share of profit paid out	A high ratio may not last
Earnings growth	Capacity to raise the payout	Cyclical profits can reverse

Another report says Tata Sons' dividend income from its core companies fell 10.3% in FY26, and that Tata Motors' margin dropped to 10.7% in Q4 FY26 from 14.8% a year earlier. Shrinking profits can limit the next Tata Group dividend.

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How to Use the Tata Group Dividend List Before You Buy

1. Confirm the Tata Group dividend amount, the record date and the ex-dividend date on the exchange filing, not from a summary.
2. Check whether the payout includes a special dividend, as TCS's Rs 46 does.
3. Compute the Tata Group dividend yield at today's price, not at the price in an old article.
4. Compare the dividend with the profit and the cash flow to see if it can continue.
5. Remember that the price usually adjusts downward by about the dividend on the ex-date.

Risk: Buying a stock only to collect a Tata Group dividend can backfire when the price falls on the ex-date or when earnings weaken. A dividend is a share of profit, and it is not a guaranteed return.

What to Watch Next for the Tata Group Dividend

1. The next Tata Group dividend announcements after the TCS Rs 12 declaration.
2. Q2 FY27 results from the Tata companies, which decide the next interim payouts.
3. Any special Tata Group dividend or buyback announcement.
4. Changes in the Tata Sons dividend income and in group profit.

Conclusion

TCS paid the highest Tata Group dividend in FY26 at Rs 110 per share, with Tata Elxsi at Rs 75 and Tata Communications at Rs 17.50, but the Rs 46 special dividend inflates the TCS figure and the amount per share says little about yield. Compare the yield, the payout and the profit trend, and verify each figure on the exchange filing before you act on any Tata Group dividend.

Frequently Asked Questions

Which company paid the highest Tata Group dividend in FY26?

Ans. TCS paid the highest amount at Rs 110 per share, made up of three interim dividends of Rs 11, a special dividend of Rs 46 and a final dividend of Rs 31. Tata Elxsi was next at Rs 75.

How much did Tata Elxsi pay as dividend?

Ans. Tata Elxsi paid a final dividend of Rs 75 per share with a record date of 10 June 2026, according to a list of Tata Group dividend dates.

What did Tata Communications and Tata Power pay?

Ans. Tata Communications declared a final dividend of Rs 17.50 per share and Tata Power Rs 2.50. The Tata Power yield was reported at 0.59%.

Is the TCS dividend of Rs 110 repeatable?

Ans. Not fully. Rs 46 of it was a special dividend. Without it the TCS dividend was Rs 64 per share (my calculation), and the total was lower than the Rs 126 paid in FY25.

What is the TCS dividend for FY27 so far?

Ans. TCS declared a first interim dividend of Rs 12 per share with a record date of 15 July 2026, a yield of about 0.6% at Rs 2,047.75 (my calculation).

Why is the highest Tata Group dividend not the best yield?

Ans. Yield equals the dividend divided by the price. A stock with a high price can pay a large rupee amount and still have a modest yield, and a falling price can raise a yield without any gain.

Why do some sources show a different Tata Motors dividend?

Ans. One list shows Rs 4 for Tata Motors and another reports Rs 3 for Tata Motors Passenger Vehicles. They may refer to different entities after the demerger, so verify on the exchange.

Should I buy a Tata stock for the dividend?

Ans. This article does not constitute investment advice. Consult a SEBI-registered financial advisor before you buy, sell or hold any Tata Group stock for its dividend.